Why To Invest
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Why To Invest
As you sow, so shall you reap. It is rightly said what you do today impacts your future. Similarly what you do today with your money will impact your future wealth.
The fundamental mechanism of investing is buying an asset class for some value today with an expectation that the asset class will grow in value in future, thus generating more money.
The need to invest is subjective to individuals, but the ultimate goal is to gain profits from an investment. The objective of investment varies on the basis of income, age, risk-profile, future planning, tax planning etc.
“Don't work for money, make it work for you.” quote by Robert Kiyosaki. It opens our mind into the world of investing. This phrase holds a very insightful message, which implies that one should never underestimate the power of investing. How? After saving a handful of money from your active income, one might use that to ensure another source of income. This is referred to as ‘portfolio income’. An additional source of income strengthens one’s future financial security. Not just financial security but it also adds to one's wealth.
The earlier you start to invest the more time you give your money to grow. More is always merrier.
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